Replies to post #17500 on Value Microcaps Free-For-All

[stanley01]

nsomniyak TAK

I already own shares of HAXS, and if the EBIX deal goes through I will opt for the cash since I am a short-term trader. I really don't want to hold EBIX stock.

But the EBIX shares are equally good since they have total downside protection. You are guaranteed the .77 per HAXS share.......if EBIX goes higher than $33.33, then you receive more profit. If it is lower than $33.33 after one year, you could opt to receive the full .77